Tennessee Apartment buildings for sale

Updated: Aug 20

5-Unit Short-Term Rental Property

109/115 E Glenwood Ave, Knoxville, TN 37917

$1,099,900

4,907 sqft 0.28 AC lot

Five units across two neighboring properties at 109 & 115 E Glenwood Ave
4,907 square feet on 0.28 acres; constructed in 1920
109 E Glenwood Ave is a commercially zoned triplex
Four units previously operated as short‑term rentals; one operated as a long‑term rental
Non‑owner‑occupied short‑term rental permit obtained for the triplex, subject to applicable regulations

View details

Updated: Aug 31

46-Unit Apartment Portfolio

3439 SOUTHERN Ave, Memphis, TN 38111

$1,900,000

7,000 sqft

46 apartment units across six buildings
Unit mix includes 35 two‑bedroom, one‑bath units and 11 one‑bedroom, one‑bath units
81 total bedrooms and 46 bathrooms
Within walking distance of the University of Memphis
Buildings constructed in 1966

View details

Mixed-Use Building with Lofts

16,18,20 6th Street, Bristol, TN 37620

$1,200,000

10,350 sqft

Six lofts and three leased commercial spaces combine residential and business uses in downtown Bristol.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Apartment Property With Main House

605 S Lake Dr, Oneida, TN 37841

$525,000

7,576 sqft 3.60 AC lot

Multiple rental units accompany a three-bedroom, two-bath main house on a spacious lake-area site.

View details

Fully Renovated 8-Unit Apartment Building

183 Campbell Street, Jackson, TN 38301

$1,250,000

5,724 sqft 0.34 AC lot

Move-in-ready, fully renovated units with split HVAC systems in a two-story brick multifamily building.

View details

6-Unit Brick Apartment Building

Mc Donald, TN 37353

$599,000

3,888 sqft 1.00 AC lot

Individual unit metering supports a straightforward utility arrangement, with residents paying their own utilities and ownership covering trash service.

View details

Historic Riverfront Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000

10,034 sqft 0.60 AC lot

Income-focused multifamily asset with updated units and riverfront views near downtown Kingsport amenities.

View details

46-Unit Apartment Portfolio

3439 Southern Ave, Memphis, TN 38111

$1,900,000

7,000 sqft

Multifamily asset within walking distance of the University of Memphis.

View details

Multifamily Apartment Portfolio

3183 Tiffany Court, Kingsport, TN 37663

$4,500,000

3,800 sqft 0.70 AC lot

Mixed apartment, townhouse, and duplex improvements include remodeled interiors, brick construction, and public water service.

View details

8-Unit Apartment Building

210 Longview Avenue, Jonesborough, TN 37659

$1,750,000

3,200 sqft 0.52 AC lot

Fully occupied multifamily property with two-bedroom units and public water and sewer.

View details

Renovated Apartment Building With Dual Kitchens

1021 31st Ave, N, Nashville, TN 37209

$1,049,901

4,129 sqft

Fully updated brick property near Tennessee State University with flexible room-rental and shared-living configurations.

View details

Two-Building Apartment Property

1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,624,950

8,514 sqft

Residential asset with furnished apartments, on-site laundry, and individual HVAC in much of the property.

View details

Apartment Building Two-Building Complex

La Follette, TN 37766

$575,000

4,040 sqft

Remodeled apartment building in the Norris Lake area with active rentals, vinyl windows, and central heating and cooling.

View details

Mixed-Use Property with Retail

1242 Ladd Springs Road, SE, Cleveland, TN 37323

$700,000

8,814 sqft

Single-level property combines eight occupied apartments with a centrally positioned retail component and updated residential finishes.

View details

16-Unit Apartment Complex

820 Gibson Rd, Trenton, TN 38382

$645,000

12,948 sqft 2.14 AC lot

Apartment community with mixed unit layouts, accessible residences, management office, laundry facilities, and on-site parking.

View details

Eight-Unit Apartment Property

711 Murray Drive, Knoxville, TN 37912

$1,010,000

3,256 sqft

Two adjacent apartment buildings combine leased residences, on-site laundry, and renovation-ready units within a 1.32-acre property.

View details

Five-Unit Apartment Building

11279 Nashville Hwy, Baxter, TN 38544

$679,998

6,400 sqft 1.20 AC lot

Multifamily property with varied unit layouts, a detached storage building, and plumbing and water-heater upgrades.

View details

Six-Unit Apartment Building

406 High Street, Chattanooga, TN 37403

$1,580,000

4,300 sqft 0.05 AC lot

Historic multifamily property with varied layouts, private laundry, updated kitchens, and central heating and cooling.

View details

Apartment Buildings with Recent Improvements

1239 Agnes Pl, Memphis, TN 38104

$550,000

6,777 sqft

Two-building multifamily property with six renovated units and updated electrical service.

View details

Two-Bedroom Apartment Portfolio

5211 Pocahontas Drive, Knoxville, TN 37914

$2,950,000

12,600 sqft

21-unit multifamily portfolio with remodeled interiors, updated HVACs, and in-unit washer/dryer connections for consistent tenant livability.

View details

New Construction 10-Unit Apartment Building

329 Cedar Ct, Clarksville, TN 37042

$1,800,000

9,840 sqft

Completed residences feature two-level layouts, two bedrooms, and two full bathrooms per unit.

View details

Two-Building Apartment Property

4006 Memorial Boulevard, Kingsport, TN 37664

$425,000

4,045 sqft 1.28 AC lot

Seven-unit rental property with ongoing improvements, storage areas, and public utilities in Kingsport.

View details

12-Unit New Construction Apartment Building

420 New Rock Creek Rd, Tullahoma, TN 37388

$2,398,800

13,560 sqft

Newly built townhome-style residences feature practical layouts, durable flooring, and stainless-steel kitchen appliances.

View details

Renovated Townhome Apartment Community

1961-1970 REMBERT Pl, Memphis, TN 38104

$1,600,000

1,116 sqft

Gated multifamily property with updated finishes, dedicated parking, and flexible long- or short-term leasing potential.

View details

Tennessee Apartment Buildings Market Trends and Statistics

Explore 288 apartment buildings for sale in Tennessee, showcased through 288 active listings on our real estate platform. These investment opportunities span a total of 2,240,500 square feet of properties for sale, with an estimated market value of $402,570,048.

Sale prices for two-family homes in Tennessee start at $95,000, averaging $2,425,120, and reaching up to $35,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.